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How to Make the Most of Your Salary in Calgary

Are you planning to move to Calgary? Well then, here is what you need to know about the salary range and cost of living in Calgary, Alberta. 

The city of Calgary has an established business district and is the heart of Canada’s oil industry. Financial services, film and television, transportation and logistics, technology, retail, and tourism are some of the other relevant businesses in the city. It offers many employment opportunities to its people, and the salary is good too. 

Residents of Calgary benefit from a lower cost of living, a strong job market, and low taxes. There are no provincial sales taxes, provincial general capital taxes, or municipal sales taxes in Alberta. People of Calgary make the most of their salaries from enjoying these benefits. They save money for them. 

Cost of Living in Calgary

Calgary is a large city in Alberta noted for its stunning skyline. More than that, it is also the richest city in the country.

With a per capita income of $59,907 and a minimum wage of $15 per hour, it ranks first in Canada for labor productivity. If you’re looking for solid work, there are a lot of nice possibilities here.

If you live in Calgary with your family, you will spend money on a variety of necessities on a daily basis, and it’s critical to factor these prices into your overall budget. For that matter, here is a price list for some common grocery items that you’ll buy on your regular shopping visits.

1 kg potatoes = $3.25

1 kg of tomatoes = $6.00

1 kg of onions = $2.70

1 liter of milk = $1.66

1 dozen eggs = $4.65

1 kg of chicken = $18.00

1 kg of beef = $15.33

1 piece of bread = $2.01

Clothing:

1 pair of jeans = $62.13 – $77.00

1 dress = $51.00 – $54.37

1 pair of shoes = $99.69 to $163.00

Other household items:

100 oz Laundry Detergent = $11.00

1 Tube of Toothpaste = $2.67

4 rolls of toilet paper = $3.69

1 roll-on deodorant = $7.00

1 bottle of shampoo = $5.47

Whether you’re a family of four or an individual, the prices of products and services are within the salary range of Calgary employees.

Housing

The median home price in Calgary is $402,000. The average number of days on the market for most houses listed is 59.

If you prefer to rent than buy a home, a 1-bedroom apartment will set you back roughly $1,300 in the city center and $1,082 on the outskirts. A three-bedroom home in Calgary costs $2,376 in the city and $1,819 in the suburbs.

Final Thoughts

Buying a new house means moving to a new neighborhood. Homebuyers like you must know what to expect from the place you’re moving to. Knowing the job opportunities and financial benefits of living in a specific area will help decision-making. 

If you’re searching for a house in Calgary, please don’t hesitate to contact me. I’ll address your questions about the city’s available homes. I’ll also be happy to assist you in locating the ideal house for your requirements.

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